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To: Robet Butkus who wrote (602)6/7/1998 12:32:00 PM
From: Bill  Read Replies (1) | Respond to of 802
 
I'm not a Madsen guy, but it does seem there were a number of issues he had no control over. The market, the law suits, the commitment of partners, etc.

I do believe he oversold the capabilities of his company. And there never was a product focus. And I think he refused to listen to industry analysts that predicted a confined market for frads.

It'll be interesting to see how he works out the disposition of this company. At one time I thought they would be a good candidate for a CSCO buyout. But not anymore.